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about 20% of the programs we do business with seem to be going under.
One is just now paying us for traffic from July.
A few just havent sent checks and i dont expect that they ever will.
Matrix content clearly has problems because they are having to work out payment plans for small debts to my designer.
And still one program, very well known, used to advertise here even owes us 20k and is begging for a payment extension into January when they are already 7 months over due!
Manage your finances people! This is business not a fucking circus!
IMHO 2004 will see the fall of 50% of the programs that are currently around. It's time for a house cleaning!
Anybody else here experiencing the same thing?
__________________
Quickbuck is paying $100 Per trial join.
Originally posted by Hooper@Dec 5 2003, 12:32 PM wtf is going on???
about 20% of the programs we do business with seem to be going under.
One is just now paying us for traffic from July.
A few just havent sent checks and i dont expect that they ever will.
Matrix content clearly has problems because they are having to work out payment plans for small debts to my designer.
And still one program, very well known, used to advertise here even owes us 20k and is begging for a payment extension into January when they are already 7 months over due!
Manage your finances people! This is business not a fucking circus!
IMHO 2004 will see the fall of 50% of the programs that are currently around. It's time for a house cleaning!
Anybody else here experiencing the same thing?
well....we are also owed $4000 by one of the former sponsors of Oprano, you are in a good company, Hooper.
I'm leaving the country, so, I have no idea how this debt be collected...
;-)))
And I *never* promote a sponsor that has pictures of diamond watches or exotic cars or has "be a Pimp"-anything on their site. It makes me think the company isn't serious.
Originally posted by Tonda_WEGCash@Dec 5 2003, 10:26 AM Hooper...you can send traffic to WEGCash! We pay on time...every time
hey,
I believe Wegcash is great for sure but you can consider Sunny Dollars - we are not large program but always pay on time because I do all payouts myself
Originally posted by Hooper@Dec 5 2003, 09:32 AM wtf is going on???
about 20% of the programs we do business with seem to be going under.
One is just now paying us for traffic from July.
A few just havent sent checks and i dont expect that they ever will.
Matrix content clearly has problems because they are having to work out payment plans for small debts to my designer.
And still one program, very well known, used to advertise here even owes us 20k and is begging for a payment extension into January when they are already 7 months over due!
Manage your finances people! This is business not a fucking circus!
IMHO 2004 will see the fall of 50% of the programs that are currently around. It's time for a house cleaning!
Anybody else here experiencing the same thing?
absolutely....
the market is saturated
Gold Rush is over...we are full now....go home if you just stepped off the bus in this biz!
Just got to be creative and see opportunities where others don't.
Finishing laying the groundwork for a monster 2004 adapted to the changing times.
Too many people in this biz don't plan ahead.
__________________ Quick Buck"Value and buy domains not for what they did yesterday or today, but rather for what they can be built to do in the future."
We haven't seen anything near 20%.
There are always a couple that are paying late, but not on that percentage level. I hear ya though. Of the ones that are, it's getting a bit old already.
Did not bother to read some of the replies as they were getting too stupid. But:
We are finding that sales are growing, however we are getting a lot more newsletter emails being returned "No such address" which means there was one and is not now.
I think the Visa 1% is going to weed out a lot of crap and that in the end will be good for the business.
Originally posted by Paul Markham@Dec 8 2003, 08:31 AM Did not bother to read some of the replies as they were getting too stupid. But:
We are finding that sales are growing, however we are getting a lot more newsletter emails being returned "No such address" which means there was one and is not now.
I think the Visa 1% is going to weed out a lot of crap and that in the end will be good for the business.
Paul I don’t think Visa 1% will weed I think it will kill that part of the industry and force us into alternatives. Something that should have been anticipated a year ago. Remember all the discussions about alternate payment options? I’m really surprised no one jumped on that but then again the course has been unpredictable.
I never put all my energy into adult. I always have a non-adult income coming in. I learned this the hard way. I’ll never do that again. At the same time I enjoy working in adult so I guess I’ll ride this wave.
Something that has really been odd is that you have a shit load of people who seem like they want to get involved in creative deals but when it comes down to it they haul ass. I’m getting fucking dizzy with these people. I can’t figure it out really…if it’s business insecurities or lack of knowledge and or funds. I think that few people are willing to take risk today.
On the other hand I seem to be busier with clients who are willing to be creative and innovative. Since I do have other sources of income I’ll work for them on % only because I know I can produce. This is very hard for many people to do today and most certainly a risk. At the same time I see great benefits in these mergers and partnerships. The day of adult internet companies doing everything in-house is quickly dissolving. I’m seeing a lot of this and more owners personally getting involved in the nitty gritty instead of depending on staff to do it. Everything is at stake now.
I keep saying it over and over… it’s going to get far worse before it gets batter. Personally I wouldn’t invest in subscriptions sites today. I’d float them as long as I can but I would be looking far into the future at this point. Beginning to create a new market then waiting for the public to catch up to me. Digital transition- cable, satellite, wireless…all factors in things to come. Running around and trying to bleed what’s worked for the last 5 years is just crazy shit. Let it go.
Did anyone see that article in AVN this month?
A Comeback For Micropayment Systems?
December 1, 2003
NEW YORK - You might have thought the idea disappeared with the dot-com bust, but apparently it's back: A number of companies are said to be thinking the Internet can hit full potential - and they can hit better toward full potential profits - if Netizens could pay small amounts for small amounts of content. http://www.avnonline.com/issues/200312/new..._120103_7.shtml
Hooper I think there’s going to be a very small handful of companies that herald a new internet. Complaining about the fatalities and struggling is just futile.
DV
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